9 August 2018

On This Day

Bitcoin price

Closing price: $6537.9025 Powered by Coindesk

Headlines

Bitcoin Fends Off Further Decline, But An Analyst Says Its “Game Over”
As reported by Ethereum World News on Wednesday, Bitcoin fell to a near-monthly low at $6,200 as the market reacted to the SEC announcement ...
Wikipedia Competitor Everipedia's Blockchain Is Now Live
Blockchain-based Wikipedia competitor Everipedia launched its mainnet on Thursday, based on the EOS network.
Cryptokidnapping, or How to Lose $3 Billion of Bitcoin in India
Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is ...
$700 Million Crypto Hedge Fund Says Investors Are Sleeping on ‘Profound’ Bitcoin Game Changer

One of the largest cryptocurrency hedge funds with more than $700 million in assets under management says crypto investors are sleeping on the biggest news of the year. Pantera CEO Dan Morehead told CNBC that news of the New York Stock Exchange owner teaming up with Microsoft and Starbucks to launch a new crypto futures contract and retail […]

Coinbase Shores Up Top Talent During Bitcoin Slump With Former Manager From Amazon

Coinbase has hired Tim Wagner as the new Vice President of Engineering. Wagner joins Coinbase from Amazon Web Services (AWS) where he spent over five years as the general manager for AWS Lambda, Amazon API Gateway and AWS Serverless App Repository. Prior to AWS, Wagner spent six years at Microsoft. Wagner will be in charge of hiring […]

Bitcoin Price Falls Drastically After Bitcoin ETF Decision is Postponed
Just as Fundstrat's Tom Lee assures the bitcoin community that the currency is “returning,” the world's largest cryptocurrency by market cap incurred a ...
Ethereum Classic Is Down 30% Since Its Listing on Coinbase
The price of Ethereum Classic (ETC) is down more than 30 percent after going live on the Coinbase exchange just two days ago.
Yale Economists Share Strategies to Strongly Forecast Bitcoin Returns
To find them, Tsyvinski and Liu analyzed the historical data of top coins, including Bitcoin, Ethereum, and Ripple, and eventually determine two key ...
Court Sides With Crypto Exchange Despite Allegation It Violated China Ban
A Chinese cryptocurrency trader who was sent bitcoin in error must repay an exchange even if it broke domestic rules, a Beijing court has ruled.
Bitcoin Price Looks to Defend $6K as Sell-Off Slows
Bitcoin could defend the support at $6,000 as the cryptocurrency is closing on oversold conditions as per the technical charts.
Australia Could See First Solar-Powered Bitcoin Mining Farm in Coal Town
“By providing customised low cost hosting options specifically engineered for cryptocurrency and Bitcoin mining at globally competitive rates, DC Two ...
Digital Currencies: 5 Places in Atlanta Where You Can Pay with Bitcoin
Bitcoin might be a household word by now, but the digital currency attempting to disrupt the payments industry has yet to be widely accepted, at least ...
Pegasus Coin and Global Firms Exchange Ideas at the Blockchain Innovation Forum 2018

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Blockchain Powered Content Sharing Marketplace Rally Launches Airdrop Offering 2 Billion Rally Tokens

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GMO's Cryptocurrency Business Made $2.3 Million Profit in Q2
After a net loss reported in Q1, the Japanese IT giant says it made an 11 percent profit through its crypto business this last quarter.
Bitcoin Price Decline is an Overreaction to ETF Delay, Says Pantera CEO
Since the start of August Bitcoin has been in a renewed price decline. This drop was further exacerbated by the SEC's decision to delay yet another ...
Lack of valuation tools leaves cryptocurrencies susceptible to large single participants — or bitcoin ...
After a frantic session that saw bitcoin threaten to make a new low for the year, the No. 1 digital currency is off to a much quieter start, with a single ...
Top 5 Coins to Watch in 2018

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. In the last few months, the crypto market has confirmed one thing: cryptocurrencies are not for the faint-hearted. After reaching an all-time high at the beginning of 2018,

New Platform Can Make Useless Loyalty Reward Points a Digital Asset Using Blockchain

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. To change the global loyalty rewards program industry, the Gabrotech startup is developing several services — all combined into one platform — that enable users to turn casual

Bitcoin: The best time to buy the cryptocurrency, according to economists
Yukun Liu and Aleh Tsyvinski analysed seven years of bitcoin price data to figure out which indicators can be used to determine the future price of ...
Binance Offers First Look At Planned Decentralized Crypto Exchange
Cryptocurrency exchange Binance unveiled the platform's first look at its upcoming decentralized exchange (DEX) on Thursday.
What to Watch For in SEC Bitcoin ETF Decision
The New York-based investment management company VanEck has proposed a bitcoin-linked ETF vehicle alongside its partner, SolidX. While the ...
Barclays Is Pitting Blockchains Against Each Other (For a Cause)
The bank's DerivHack event will attempt to suss out which of the major enterprise DLT platforms works best for derivatives life cycle smart contracts.
Crypto Technicals Flash More Pain Ahead, Eye Bitcoin at $4000
While Bitcoin, the largest cryptocurrency, hasn't hit a fresh trough since June 29, it's attracting bearish calls as it slips below its 50-day moving average.
Pantera Capital CEO: Bitcoin Traders “Overreacted” To SEC News
Many speculated that Bitcoin over $800 pullback was directly correlated to the SEC's most recent verdict regarding one of the most promising ETF ...
Microsoft Rolls Out 'Proof-of-Authority' Ethereum Consensus on Azure
Microsoft has rolled out an additional consensus mechanism for clients building ethereum-based apps on Azure that does away with mining.
Bitcoin Price Rises 3% in Gloomy Cryptocurrency Market Recovery
Over the past 24 hours, the crypto market has slightly rebounded by adding $5 billion to its valuation, as bitcoin price recorded a three percent ...
Satellite TV Giant DISH Network Now Accepts Bitcoin Cash

Bitcoin cash has been confirmed as the second cryptocurrency payment option by subscription model pay-TV provider, DISH. As announced on the company’s website, in addition to bitcoin which was adopted in 2014 as a payment system, subscribers can now pay for services using bitcoin cash. Since 1980, DISH Network Corporation has played a significant role

A Look at the Now Famous Bitcoin Whitepaper
The digital economy is flourishing thanks in large part to the concepts laid out in Satoshi Nakamoto's Bitcoin whitepaper. This whitepaper introduced ...
Cryptocurrencies to Constitute 5% of US Investment Pool in 2019 : Survey

Traditional investments such as real estate, stocks and government bonds may still be favorites among U.S. investors but crypto is not to be underestimated as it attracted nearly as much interest as ETFs. According to a survey done by The Harris Poll on behalf of the American Institute of CPAs (AICPA), among the 35% of

The European Crypto Exchange Bitsane Has Announced Its Integration with the Trading Terminal TabTrader

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Top technical analyst says it could be 'game over' for bitcoin
A difficult week for bitcoin investors may get much worse, according to Renaissance Macro Research. The firm's head of technical research, Jeff ...
Yale economist: Here's how likely it is that bitcoin will become worthless
Bitcoin captured the attention of investors, celebrities and even NFL players in 2017, as its price soared from below $1,000 for a single coin at the start ...
Tom Lee Says Bitcoin 'Isn't Broken.' Actual Events Prove Him Right
Despite the sharp fall in Bitcoin (BTC) last week, Tom Lee, CEO of Fundstrat, is still spreading his strong bullish sentiment. In an interview for CNBC, ...
Bitcoin (BTC) Price Analysis: Down to the Last Lines of Defense
Bitcoin just can't seem to catch a break these days as it once again found itself nearing long-term support at $6,000. A break below this region could ...
Hacker plays 'Doom' on John McAfee's 'unhackable' BitFi Bitcoin wallet
BitFi is a cryptocurrency device that is designed to provide a hardware portal to a cloud-connected wallet. Bitcoins and other altcoins aren't stored on ...
Blockchain Research Institute Report Calls for Crypto Regulation Clarity
Recently, BRI published a report authored by Tapscott recounting the takeaways from a roundtable discussion held in May on cryptocurrency regulation.
After the Collapse: Bitcoin Price Holds Near $6500 Amid Strong Volumes
Bitcoin is currently trading at $6,457 on Bitfinex for a gain of 2.8% on the day. The leading digital currency is little changed compared with 24 hours ...
Overstock Blockchain Spin-Off Raises $134 Million – With Millions More Committed
Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday.
Bitcoin Price Watch: BTC/USD Rebounds After Dipping To $6100
Bitcoin price extended losses below $6,200 against the US Dollar. BTC/USD traded towards $6,100 and is currently rebounding on the road to the ...
US Software Giant Intuit Awarded Patent for Processing Bitcoin Payments via SMS
U.S. software company Intuit has been awarded a patent for processing Bitcoin (BTC) payments via text message (SMS), according to a filing ...
Can Bitcoin Overcome Shock From SEC's Delayed ETF Decision?
On Aug 8, bitcoin price fell sharply after the U.S. Securities and Exchange Commission (SEC) decided to delay a decision on the proposed VanEck ...
P2P-Betting Platform Bettium Starts the ICO Main Stage Today

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Bitcoin Price Intraday Analysis: BTCUSD Bull Pennant Formation

The Bitcoin price regained some of its lost value on Thursday following a small but noteworthy correction. The BTC/USD pair yesterday established a new intraday low at 6131-fiat, a level that attracted buyers waiting to buy the dip, and has gained as much as 7% value ever since. The early Asian trading hours today witnessed

Hackers demand bitcoin from PGA in ransomware attack, says report
No surprise, the hackers have asked for a payment in bitcoin, according to Golfweek. The publication didn't specify the amount being requested.
Bitcoin Only 'Masquerades' as a Currency: BIS Research Chief
Last month, Agustín Carstens, general manager of BIS, called bitcoin “a bubble, a Ponzi scheme and an environmental disaster.” When asked about ...
Attacker Installs Crypto Mining Malware on Over 170,000 Devices
Coinhive was installed on more than 170,000 devices in Brazil last month.
DISH Network Sends Bitcoin Cash To The Moon (Or At Least, Into Orbit)
The American satellite TV provider DISH has added Bitcoin Cash (BCH) as a payment option as the company looks for new innovative ways to do ...
Now a Nearly $1 Billion Blockchain, Tezos Is Slowly Building Up Its Security
In the third week after opening its network security up to community involvement, Tezos' beta launch has been surprisingly smooth.
'Bitcoin [Mining] Threatens Our Existence' Academic Says, Calls for Intervention
The ever-increasing amounts of electricity that bitcoin mining consumes threaten to reverse the efforts and gains made so far in mitigating greenhouse ...
Bitcoin (BTC) Price Watch: Can More Bears Join In?
Bitcoin price is still having a rough time as risk-off vibes in the financial markets stemming from resurfacing trade war troubles hit riskier assets like ...
Intuit Scores Patent for Processing Bitcoin Payments With Text Messages
California-based business and financial software company Intuit has been awarded a patent for processing bitcoin payments via text message.
Bitcoin price news: Hedge fund CEO says bitcoin price will RISE- but gives stark warning
Dan Morehead, the CEO of Pantera Capital said bitcoin price would rise but that cryptocurrency mining does not have any fixed support like other ...
Bitcoin Falls After SEC Postpones ETF Decision
In late July, the regulatory body forbade an application by the Winklevoss brothers to come up with a bitcoin ETF, finding the product not safe enough ...
Hackers take control of PGA servers, seeking Bitcoin payoff, report says
ST. LOUIS • Golfweek is reporting the PGA of America is trying to regain control of computer servers that have kept officials from accessing files for the ...
PGA of America servers hacked, Bitcoin ransom demanded, report says
Cyber thieves hacked into the PGA of America's computer servers this week, locking golf officials out of crucial files and demanding ransom to unlock ...
Eye On Cyber: So What Is Bitcoin?
NEW YORK (CBSNewYork) — If you've seen the news about Bitcoin lately, you're probably wondering whether it's a scam, a craze or if it's here to stay ...
Bitcoin Cash Acceptance Grows — Dish Network and Flow Partner With Bitpay
This week Bitcoin Cash (BCH) proponents will be pleased to hear that more merchants can now accept bitcoin cash due to the crypto-payment ...
Bad Timing: ‘Thousand-Year Cryptocurrency’ Metronome Blames Bear Market After Pedestrian ICO

Bad timing and a less than spectacular user experience — that’s what cryptocurrency startup Bloq says is to blame for the pedestrian $12 million raised through the metronome (MTN) initial supply auction (ISA), referred to by nearly everyone but the company as an initial coin offering (ICO). Bloq made this assessment in a lengthy post-mortem

Web Browser Brave to Add Cryptocurrency-Based Twitter and Reddit Tipping

Those thousands of hours you spent crafting witty memes while you should have been doing your algebra homework may finally earn you more than retweets and Reddit karma. CNET reports that Brave, the privacy-centric web browser launched by Mozilla co-founder Brendan Eich and funded by an initial coin offering (ICO), plans to roll out Reddit

Hackers reportedly target PGA's servers, demand bitcoin ransom
ST. LOUIS — Golfweek is reporting the PGA of America is trying to regain control of computer servers that have kept officials from accessing files for ...
20 Thai Crypto Exchanges Have Applied for New Digital Assets Licenses
Thailand's new licensing scheme for digital asset companies has seen a flurry of applications from ICO and crypto exchanges.
French Graffiti Artist Popularizes Bitcoin (BTC) with QR Code Tipping
A French street artist, Pascal Boyart, has boosted his fame - and earnings - by including a QR code to a Bitcoin wallet in his most recent artwork.
BitMEX Trades 1 Million Bitcoin (BTC) In a Bearish Market, Setting Industry Record Yet Again
For the second time in two weeks, BitMEX has hit a daily turnover of 1 Million Bitcoin (BTC). This milestone was reached on the 8th of August 2018 and ...
94 Companies Join IBM and Maersk's Blockchain Supply Chain
TradeLens has attracted a wide variety of entities ranging from port operators and customs authorities to logistics companies and even rival carriers.
Mawlare now targets Bitcoin ATMs
Hackers are now targeting Bitcoin ATMs and, even more impressively, the required tools are available for sale online. The revelation comes from a ...
XULT – The New Cryptocurrency Exchange by ExchangeCoin (EXCC)

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New Study Says Bitcoin Has An Energy Problem That Could Exacerbate Climate Change
A newly released study asserts a large amount of electricity is eaten up as Bitcoin$7119.76 +0.06% is exchanged and mined. The author suggests ...
Bitcoin price: Leading tech analyst says it could soon be 'GAME OVER' for bitcoin
Jeff deGraaf, the company's head of technical research, said he would advise on betting against bitcoin if it fell below its support level for the year to ...
Bitcoin-Friendly US Senate Candidate Defeated in Republican Primary Elections
U.S. Senate candidate Austin Petersen, who is known for his Bitcoin (BTC) advocacy, lost the Republican primary election Aug. 7. According to ...
PGA Championship servers hacked, Bitcoin ransom included: Report
While the hackers had no specific demands for ransom amounts in exchange for returning the files, a bitcoin wallet account was reportedly included ...
Bitcoin Trading Platform BitMEX Hits 1 Million BTC in Daily Volume [Again]
Bitcoin investors might be suffering under the weight of one of the asset's heaviest-ever bear markets, but for cryptocurrency derivatives exchanges ...
41% of Americans Say They Won't Ever Invest In Cryptocurrencies
Who buys Bitcoin and its cryptocurrency ilk? A relatively small segment of the population, according to a June survey by cryptocurrency custodial ...
Selling Bitcoin Because of ETF Delay is a Wrong Decision, Says Brian Kelly
Cryptocurrency trader and CEO of BKCM LLC, Brian Kelly, has faulted investors who are jumping on the selling bandwagon to dump their Bitcoin in ...
Every Financial Portfolio Should Include Bitcoin, New Research Paper Suggests

The viability of investments into cryptocurrencies is a hotly debated topic. While many investors large and small are still skeptical about virtual currencies like Bitcoin, a growing number of people are starting to come around. In many nations, especially ones fraught with economic and political instability, virtual currencies offer an alternative way to hedge against

Hidden Bitcoin 'Waiting to Be Discovered' in No Man's Sky Game
A Bitcoin treasure hunt has been organized by two brothers, fans of the online video game No Man's Sky, who hid approximately $30 worth of Bitcoin ...
BCIO: The Art of Building a Successful Crypto Team

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Pantera Capital CEO Says Investors 'Overreacting' to Bitcoin ETF Delay
After the SEC postponed its decision on a Bitcoin $7119.76 +0.06% ETF Wednesday, a bearish dip ensued. Subsequently, Morehead went on to ...

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